The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Dec. 5, 2023.

Number of shares:  51,562,500 non-flow-through common shares; 2,260,715 flow-through common shares; 6,666,667 premium flow-through common shares

Purchase price:  six cents per non-flow-through common share; seven cents per flow-through common share; 9.7 cents per premium flow-through common share

Warrants:  60,489,882 share purchase warrants to purchase 60,489,882 common shares

Warrant exercise price:  10 cents for a period of two years

Number of placees:  37 placees

Total existing insider involvement:  2,974,465 (four insiders)

The company issued a news release on Dec. 27, 2023, confirming the closing of the private placement. Note that in certain circumstances the exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.